Damon to delist from Nasdaq on May 19; shares expected on OTC Pink starting May 20

Damon Inc.

Nasdaq halted trading April 29, 2025; Company foregoes appeal; one-day Nasdaq resumption on May 19 then suspension.
Common shares expected to begin trading on OTC Pink Current Market (OTC Markets) on May 20, 2025.
OTC Pink becomes OTCID Basic Market effective July 1, 2025; Company meets minimal information standard.
Company will continue OTCQB application, but no assurance of approval or timing.

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